Tom Gorman
 

 
Gorman Associates LLC "The Trusted Name in Real Estate for 20 Years"


Tom Gorman

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Calculators


Let us help you find out what you can afford! Our mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.


 

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
0.43%of Cost
Annual Property Tax:  $  
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

Results
  Receive this Detailed Analysis


Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 
Income Needed to Qualify for the Mortgage
 
Total Monthly Loan Payment:  
Total Monthly Debt Payment:  
Monthly Loan Insurance (%):  
Qualifying Income of % GDS Ratio:  
Qualifying Income of % TDS Ratio:  
 
What You Can Afford
We are using the % ratio.
Cost of House:  
Down Payment:  
Loan Value:  
Monthly Principal & Interest:  
Monthly Insurance:  
Monthly Property Tax:  
Monthly Condo Fees:  
 
Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)
Monthly Rent: $
  No. of Years you plan on keeping the home:
Annual Rental Increases:   %   Yearly Appreciation on the Home: %
Monthly Renter Insurance: $   Annual Home Maintenance: %
Savings or Investment Rate:   %  


Testimonials


 
My goal is to make the process of buying, selling, or owning a home efficient, enjoyable and rewarding for you.  See what my clients have said about my real estate services...

 "Tom did an outstanding job selling my home in Dedham, near the East Street rotary. I would recommend his professional services, hard work and satisfactory results to any prospective seller."

Scott Trethewey, PGA pro relocated to Jacksonville, Florida.

"As a first time home buyer, Tom walked me through the process of buying my first Condo.  His attention to my concerns and his availability, such as returning phone calls promptly, make the transaction less stressfully.  I recommend Tom Gorman and you will not be disappointed."

Stephen Burke, Dedham, MA. New Mother Brook condo owner.

 

"Tom's experience and professionalism  help me relocate my home and office in a short amount of time and with the less amount complications.  He is someone I recommend highly in the real estate business."

Sam Cohen, Newton

 

 

 

 


Agency Contacts


 
Display your Agency Contacts here. 
 
Tom Gorman
 
Tom Gorman
Email Tom
 
Phone: 781-329-6111
Fax: 781-320-0815
Address: 90 Milton St
City: Dedham
State: Massachusetts 02026
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